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Nov 22, 2012
11/12
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CNBC
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it had the highest taxes in the country, a $10 billion deficit, and a depressed economy when first-year governor chris christie took office. but after looking at the books, he decided to walk away from a long-planned and much-needed project with new york and the federal government to build a rail tunnel into manhattan. it would have helped the economy and given employment to 6,000 construction workers. lots of jobs. >> yeah. i canceled it. i mean, listen, the bottom line is, i don't have the money. and you know what? i can't pay people for those jobs if i don't have the money to pay them. where am i getting the money? i don't have it. i literally don't have it. >> this is going on all over the country. >> yes. of course it is. it's not like you can avoid it forever, 'cause it's here now, and we all know it's here, and the federal government doesn't have the money to paper over it anymore either for the states. the day of reckoning has arrived. that's it. and it's gonna arrive everywhere. time may vary a little bit depending upon which state you're in, but it's coming. >> and nowhere has
it had the highest taxes in the country, a $10 billion deficit, and a depressed economy when first-year governor chris christie took office. but after looking at the books, he decided to walk away from a long-planned and much-needed project with new york and the federal government to build a rail tunnel into manhattan. it would have helped the economy and given employment to 6,000 construction workers. lots of jobs. >> yeah. i canceled it. i mean, listen, the bottom line is, i don't have...
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Nov 22, 2012
11/12
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CNBC
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. >> the irs tax return for central asia institute filed in 2010 included a list of 140 schools that it claimed to have built or supported in pakistan and afghanistan. over a six month period, we visited or looked into nearly 30 of them. some were performing well, but roughly half were empty, built by somebody else, or not receiving support at all. some were being used to store spinach or hay for livestock. others had not received any money from mortenson's charity in years. the principal of this school told us that the institute had built six classrooms poorly several years ago and since then, not a single rupee. in afghanistan, we could find no evidence that six of the schools even existed, most of them in war-torn kunar province. >> in kunar province, it's really violent. he built three schools there in 2009. so he goes on charlie rose. he says he built 11 schools in kunar province. >> today we have 11 schools also in that district. >> why can't he just say he built three? i mean, that's impressive. you say you built 11, i go, "why are you lying about this?" >> one of the schools
. >> the irs tax return for central asia institute filed in 2010 included a list of 140 schools that it claimed to have built or supported in pakistan and afghanistan. over a six month period, we visited or looked into nearly 30 of them. some were performing well, but roughly half were empty, built by somebody else, or not receiving support at all. some were being used to store spinach or hay for livestock. others had not received any money from mortenson's charity in years. the principal...
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594
Nov 23, 2012
11/12
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KGO
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. >> and that first record executive company, he can do your taxes. >> he's probably suffering now. >>> now, for a dose of cuteness. the new addition to the st. louis zoo can be seen by visitors. the colomus monkey was born on halloween. and her name is swahili for ghost or shadow. calomus man can is are born with white hair and a pink face. so cute. they become primarily black hair and white around the face by six months. so precious. i love that. >>> if you didn't overindulge on thanksgiving yesterday, i got a little treat for you. i now hold in my hands, an evil chocolate. this is no ordinary chocolate. this guilty pleasure costs a mere $18. >> what? >> why is it so expensive? >> what? >> food legends anthony bourdain and anthony ropar are the masterminds behind it. >> what makes it $18? >> it's made from cakau means that were thought to be extinct. >> what's the difference? >> follow-up-free? >> that's unbelievable. >> just indulge. >> do we like it? >> it's pretty good. >> very good. of course, for 18 bucks, it should be. >>> it's time for a little pop quiz. which legend dir chil
. >> and that first record executive company, he can do your taxes. >> he's probably suffering now. >>> now, for a dose of cuteness. the new addition to the st. louis zoo can be seen by visitors. the colomus monkey was born on halloween. and her name is swahili for ghost or shadow. calomus man can is are born with white hair and a pink face. so cute. they become primarily black hair and white around the face by six months. so precious. i love that. >>> if you...
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Nov 28, 2012
11/12
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KGO
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eye 445
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before taxes, after all. steve, thanks very much. >> the lottery balls are so loud. he's like in a wind tunnel talking like that. what are you guys going to do with the money? >> share it with you. >> split it. >> thank you. oh, that's so nice. thank you. i'm not sharing it with you. >> wow. >> just kidding. of course, i am. all right. i'll definitely share it with sam. >> thanks, thanks. >>> now to the battle brewing over who will be the nerks secretary of state. no final decision from president obama. the front-runner is susan rice, the u.n. ambassador. and she ran into a buzzsaw yesterday on capitol hill, when she met with republican senators critical of her nomination. take a look. >> the concerns i have today are greater than they were before. and we're not even close to getting the basic answers. >> i want to say that i'm more troubled today. >> we are significantly troubled by many of the answers. >> abc's jonathan karl is covering all this from washington. jon, on sunday, it looked like some of the senators, graham and mccain, had softened their opposition. b
before taxes, after all. steve, thanks very much. >> the lottery balls are so loud. he's like in a wind tunnel talking like that. what are you guys going to do with the money? >> share it with you. >> split it. >> thank you. oh, that's so nice. thank you. i'm not sharing it with you. >> wow. >> just kidding. of course, i am. all right. i'll definitely share it with sam. >> thanks, thanks. >>> now to the battle brewing over who will be the nerks...
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Nov 27, 2012
11/12
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KGO
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biggest obstacle is a pledge of no tax increases of any kind signed by most republicans. grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be part of the discussion. >>> do you think you are paying -- >>> good morning. home prices continue to climb nationwide up 3% in september compared to a year ago. in the san francisco area it was 7 1/2% compared to a year ago. meantime, watch for your landlord to jack up rent. recents are up 4.1% this year, watch for rents to go up 4.6% next year and 4.7 the year after. zillow buying hot pads for 16 million dollars, has 19 employees will stay in san francisco, zillow says the move will help it increase the number of leads it sends to landlords. watching ebay today, shares slightly lower stock hit a nearly eight year high yesterday optimism it will benefit from the surge in online holiday shopping amazon shares continue to gain
biggest obstacle is a pledge of no tax increases of any kind signed by most republicans. grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be part of the discussion. >>> do you think you are paying -- >>> good morning. home prices continue to climb nationwide up 3% in...
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Nov 21, 2012
11/12
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KOFY
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authorities say the man stole 9 million personal data files including the identity card details tax numbers license plate numbers and home addresses of so many people. now it's not clear how he got them or if he planned to sell these files. but huge security breach. >> dot combust artist is on the verge in the art world. here's don. >> image are startling. complex. artist work is challenging. creativity dynamic. >> i become so focused that i can paint 18 hours in a row and not stop to eat or drink. >>reporter: he's showing the newest piece at this gallery. art salon almost 20 years old. it's a perfect fit for someone who is in advertising in the early days but found his passion in painting. >> i sold another piece and here i am 6 years later. >>reporter: this is about a resurrection with metal image overlaid on paint. series about u.s. history and political icon. this is the statue of liberty. >> every other day i began to repaint over it and paint over it because the mood kept changing. so over a period of 5 years i probably did 200 version of this piece. >>reporter: wow! >> all on top of
authorities say the man stole 9 million personal data files including the identity card details tax numbers license plate numbers and home addresses of so many people. now it's not clear how he got them or if he planned to sell these files. but huge security breach. >> dot combust artist is on the verge in the art world. here's don. >> image are startling. complex. artist work is challenging. creativity dynamic. >> i become so focused that i can paint 18 hours in a row and not...
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Nov 23, 2012
11/12
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FOXNEWSW
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raising tax rates. i think raising tax rates a bit will be okay for the overall marketplace and stock marketplace. but if you raise tax rates too much, i think we can have severe problems with the private sector not want to go hire because they are insure about what their tax bill is going to be at the end of 2013. without any clarity they will back off hiring. rick: the fed chair says make a deal here and the economy looks to be in good shape. so this is the concerns. if no deal is struck we know what happens. we jump off the cliff. if a deal is struck, something everybody can feel relatively good about even though everybody will feel pain, what could that mean for the overall economy? >> i think if there is a reasonable deal struck for the overall economy. then we also -- you have got to keep in mind we have a credit rating in this country that has been hurt and if a deal is not met, then our credit rating could be hurt as well. so i think if a deal is met we have -- i think it will be temporary in na
raising tax rates. i think raising tax rates a bit will be okay for the overall marketplace and stock marketplace. but if you raise tax rates too much, i think we can have severe problems with the private sector not want to go hire because they are insure about what their tax bill is going to be at the end of 2013. without any clarity they will back off hiring. rick: the fed chair says make a deal here and the economy looks to be in good shape. so this is the concerns. if no deal is struck we...
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Nov 29, 2012
11/12
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FOXNEWSW
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tax hikes on the rich. republicans have said, well, we don't want that, but we will put revenue on the table if you agree to some spending cuts. and now both sides are saying you show us your proposed spending cuts first. do i have it about right, marc? >> yeah, about right, essentially. look, the president -- i think it's very clear, i think at least, that the democrats want to go off the fiscal cliff. you can see it in the fact that president obama's out there campaigning instead of sitting down with john boehner, running around pushing for a bill to increase -- extend just the middle class tax cuts which he knows republicans will never do. you can see it in the fact that 33 senate democrats signed this letter which says, quote, we will oppose including social security cuts for current or future pen fisheries in any -- beneficiaries at any time. that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic positio
tax hikes on the rich. republicans have said, well, we don't want that, but we will put revenue on the table if you agree to some spending cuts. and now both sides are saying you show us your proposed spending cuts first. do i have it about right, marc? >> yeah, about right, essentially. look, the president -- i think it's very clear, i think at least, that the democrats want to go off the fiscal cliff. you can see it in the fact that president obama's out there campaigning instead of...
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Nov 25, 2012
11/12
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FOXNEWSW
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tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator durbin but he thinks social security should be last alone. >> social security does not add one penny to our debt. it is a separate funded operation and we can do things and i believe we should, now, played out long term that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" o'neill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first, general petraeus resigning as head
tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator...
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Nov 29, 2012
11/12
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CNNW
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bad to raise taxed on everyone, bad to raise taxes on 40% of the nation's income. better to leave that money in the hands of those who earned it. leave it in kentucky. leave it in the private sector. >> i understand you don't want to raise the tax rates on anyone, rich or middle class or anyone, but what about capping deductions, eliminating loopholes, stuff like that? are you open to that? >> yes, if it's for tax reform. it's not going to happen in this. if we were to lower rates, for example, you could lower the top rate from 35% to 33%, and actually get more revenue and get rid of some of the deductions at the same time. but i'm not going to vet to bring more revenue to washington. i want less money coming to washington, less money spent up here and that's how you get the economy to grow. we won't have more economic growth if we send more money to washington. we'll have less economic growth. >> if the republicans hold firm to that position just spelled out in significant detail, there is not going to be a deal between now and december 31st and all americans, for
bad to raise taxed on everyone, bad to raise taxes on 40% of the nation's income. better to leave that money in the hands of those who earned it. leave it in kentucky. leave it in the private sector. >> i understand you don't want to raise the tax rates on anyone, rich or middle class or anyone, but what about capping deductions, eliminating loopholes, stuff like that? are you open to that? >> yes, if it's for tax reform. it's not going to happen in this. if we were to lower rates,...
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Nov 25, 2012
11/12
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CSPAN2
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they counted a lot of tax credit and losses a things. they were doom nod matter what. they were floating on a very thin layer of capital and that had been the case. they negotiated that case in 1992. >> thank you. >> there was one more other big lender really big lender to american real estate and that was the chinese and other foreign official bodies who were buying fannie and freddie obligations. which one going feed the bubble. they were buying it rightly assuming that the government would take care of them even though they had largely participated in running up the risk. the risk would fall on somebody else and henry paulson interesting on the crisis relates how went to the chinese for the olympics and told the finance minister, i told you i would take care of you. [laughter] any ore questions? >> the one in the back here and we'll come to you in the front. >> dpaifd, the national association of federal credit unions. i'm curious woo who you feel should be secure mortgaging and if you feel it's the banks why should we trust them after what just happened. >> i would
they counted a lot of tax credit and losses a things. they were doom nod matter what. they were floating on a very thin layer of capital and that had been the case. they negotiated that case in 1992. >> thank you. >> there was one more other big lender really big lender to american real estate and that was the chinese and other foreign official bodies who were buying fannie and freddie obligations. which one going feed the bubble. they were buying it rightly assuming that the...
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Nov 26, 2012
11/12
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CSPAN2
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[laughter] on his tax return. and then there was another note that said informant agrees to report his income. [laughter] >> my name, my name is toni platte. taking the few pages out of your book and making that your lead article in retrospect maybe wasn't the best choice. [laughter] >> actually, that wasn't -- that's not what happened. >> oh. >> i had two with articles that came out about the same time focusing on ronald reagan being an fbi informant. or, i should say, informer. >> oh, i didn't know that. so thanks for clarifying that. so as somebody who taught at the school of criminology in berkeley in the volatile late '60s and early '70s and who did research and published about the fb, and i whose looked at fbi records for a book that aye done on another -- that i've done on another o academic, i would say that the work you did was thorough, was careful, and there's no question that i think you made an accurate investigation. and i think we have to treat seriously the information that you provided us with. i
[laughter] on his tax return. and then there was another note that said informant agrees to report his income. [laughter] >> my name, my name is toni platte. taking the few pages out of your book and making that your lead article in retrospect maybe wasn't the best choice. [laughter] >> actually, that wasn't -- that's not what happened. >> oh. >> i had two with articles that came out about the same time focusing on ronald reagan being an fbi informant. or, i should say,...
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Nov 24, 2012
11/12
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CSPAN2
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tax policy, civil rights, constantly thinking how is this going to play out? how is this going to look? would carefully draw the distinction between not in partisan politics in a superficial sense. are you arguing the book i do not believe he was partisan in a superficial sense that we like to talk about those a political decision, things like that. a lot of the time we made that very superficially. but in a much deeper way, he was absolutely aware of political ramifications. he was very careful to birthrate is and osan hauer, who was once a leading republican figures given special briefings. caught him up on the telephone enhances reporting this. he was sending john mckeown, ca director of intelligence, who is very tight in republican party politics. he was sent in to brief eisenhower. whenever he was briefing congressional leaders, it was a bipartisan affair. he was not getting democrat leaders information. said he was careful to be bipartisan in his political awareness. >> i have to say in the transcript of the october 27 discussions emerge, they suggested
tax policy, civil rights, constantly thinking how is this going to play out? how is this going to look? would carefully draw the distinction between not in partisan politics in a superficial sense. are you arguing the book i do not believe he was partisan in a superficial sense that we like to talk about those a political decision, things like that. a lot of the time we made that very superficially. but in a much deeper way, he was absolutely aware of political ramifications. he was very...
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Nov 21, 2012
11/12
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KPIX
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then you have a conversation about -- not about raising taxes, but then about cutting taxes. they will have already gone up. the question is whether the president has a great deal more leverage. he basically then is able to say it's because the republicans were too stuck that they went up in in the first place. so there is an argument for actually -- because the cliff isn't an actual cliff. because nothing will happen the day after that is catastrophic there's an argument for actually maybe letting this happen. the president gets even more leverage. >> there's talk about trying to do two things in two phases protect the middle class and let the rest of the stuff go over the cliff for maximum pressure. john dickerson, thank you. >>> slowing down air travelers across the country. nearly 100 flights were canceled this morning at chicago's main airport, o'hare and midway. more than 400 other flights were delayed for an average of 90 minutes. both airports support near zero visibility and they warned that problems could last into the afternoon. that threatens to create a domino ef
then you have a conversation about -- not about raising taxes, but then about cutting taxes. they will have already gone up. the question is whether the president has a great deal more leverage. he basically then is able to say it's because the republicans were too stuck that they went up in in the first place. so there is an argument for actually -- because the cliff isn't an actual cliff. because nothing will happen the day after that is catastrophic there's an argument for actually maybe...
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Nov 26, 2012
11/12
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KPIX
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vowing to raise taxes on the wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i signed 20 years ago was valid then. it's valid now but times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. >> reporter: but raising taxes is only one-half of a deficit deal. republicans want democrats to raise the eligibility age for medicare. >> i want entitlement reforms. republicans put revenue on the table, democrats always promise to cut spending. i'm looking for more revenue for entitlement reform before the end of the year. >> reporter: so far democrats sound lex flexible. >> we've got to make sure there is seamless coverage of afordable health coverage for every american. my concern about raising the retirement age gaps in coverage or coverage that's way too expensive for seniors to purchase. >> reporter: there are many potential cliffs but higher taxes for structural changes for m
vowing to raise taxes on the wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i signed 20 years ago was valid then. it's valid now but times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. >> reporter: but raising taxes is only one-half of a deficit deal. republicans want democrats to raise the eligibility age for medicare....
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Nov 27, 2012
11/12
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KPIX
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than a million dollars, minimum tax you have to pay it before you do the tax reform. too many competing interests to get it done immediately. interesting man. we'll have more from him. >>> to republican politics, new jersey's governor chris christie has said he will run for re-election. his popularity has been rising since superstorm sandy. a new poll shows christie's job approval rating has just 21 points in the past month, record poll shows 67% of new jersey voters give him a favorable rating. cbs news political director john dickerson with us this morning. good morning. >> good morning, charlie. >> what do you think about governor christie and this rise in polls and what he has to say to his fellow republicans about what happened during the election campaign? >> well he is locking in gains sort of. he has had this successful response to the hurricane, now announcing his re-election for governor. basically saying we have to tip the rebuilding we've been doing the last several weeks. in terms of his future ambitions in the republican party, there has been some blowba
than a million dollars, minimum tax you have to pay it before you do the tax reform. too many competing interests to get it done immediately. interesting man. we'll have more from him. >>> to republican politics, new jersey's governor chris christie has said he will run for re-election. his popularity has been rising since superstorm sandy. a new poll shows christie's job approval rating has just 21 points in the past month, record poll shows 67% of new jersey voters give him a...
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Nov 24, 2012
11/12
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KPIX
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airline tickets are taxed at a high rate. sometimes the taxes are more expensive than the fare. going to a la cart fees they are saving more money. that's why they are doing it. why? because some airlines are having the cost of the food is more than the ticket because they have to pay less in taxes. >> this makes it almost impossible to shop around for a good ticket you buy your ticket, do your due diligence and then when you go to the airport you find to get a seat that's not by a bathroom in the back in the middle you have to pay 30 50, 75. >> no you don't. first of all is stand by. book the first flight of the day and then even if you can't make that flight you're in much better to fly stand by at no extra charge. the seats? the premium seats are a joke. why? because if you go on the website the only seats are available are on the back of plane. airlines hold back 30% of their seats. call them. they are selling premium seats. you know what the definition of a premium seat? 15 e a middle seat is sold in the premium seat. why? because you can smell the cookies in first class bu
airline tickets are taxed at a high rate. sometimes the taxes are more expensive than the fare. going to a la cart fees they are saving more money. that's why they are doing it. why? because some airlines are having the cost of the food is more than the ticket because they have to pay less in taxes. >> this makes it almost impossible to shop around for a good ticket you buy your ticket, do your due diligence and then when you go to the airport you find to get a seat that's not by a...
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Nov 23, 2012
11/12
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CNNW
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no sales tax. local bookstores already under pressure by the rapid rise of ebooks and large bookstore ch n chains feel flar lparticularly squeezed. >> if you can save 10%, why wouldn't you? >> reporter: amazon's tax advantage recently disappeared in california adding 7% to 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. online retailers collect tax only for states where they have a physical presence. now here in california, amazon is building two giant warehouses. including this one near los angeles. it is a million square feet, and for the old-fashioned retailers, it is another reason to worry. why? because amazon's goal is to get items to customers faster and to be able to offer same day delivery. that's right. you can avoid stores if you want, and have a package delivered to your house in a matter of hours. a win for consumers, but tough for local retailers. >> if amazon creates distribution centers, and facilities on their turf locally,
no sales tax. local bookstores already under pressure by the rapid rise of ebooks and large bookstore ch n chains feel flar lparticularly squeezed. >> if you can save 10%, why wouldn't you? >> reporter: amazon's tax advantage recently disappeared in california adding 7% to 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. online retailers collect tax only for states where they have a physical presence. now here in california,...
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Nov 24, 2012
11/12
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CNNW
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most of the money is coming from tax cuts, from letting the tax cuts expire. that's real money. the spending cuts, we really haven't seen yet. that's what republicans are looking for, is president obama going to tackle entitlement reform? that's where the real money is. >> and do you see -- does it seem as though there really is light at the end of the tunnel, that both sides are working really hard to beat this deadline, it's not just hyperbole but a real commitment to come to terms and answer to americans who spoke as loud as they could on election day? >> i think both sides are trying. but right now, if santa may bring us a budget deal, but he doesn't know if washington is going to be naughty or nice over these next 38 days. before this -- it's going to put a lot of pressure on the economy if we head over the fiscal cliff. we either have to fly or we fall. and if you let these budget -- tax increases expire, and if you get these automatic cuts, you're all of a sudden going to yank a lot of money out of the economy. what does that mean? it means a smaller, shrinking economy al
most of the money is coming from tax cuts, from letting the tax cuts expire. that's real money. the spending cuts, we really haven't seen yet. that's what republicans are looking for, is president obama going to tackle entitlement reform? that's where the real money is. >> and do you see -- does it seem as though there really is light at the end of the tunnel, that both sides are working really hard to beat this deadline, it's not just hyperbole but a real commitment to come to terms and...
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Nov 26, 2012
11/12
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and if this fiscal cliff is allowed to happen on january 1, your taxes, my taxes, everybody's taxes go up. and on that point, let's continue. top of the hour, i'm brooke baldwin. i want to begin with the fiscal cliff. because other news here, you have republican senator saxby chambliss, a two-term conservative from the red state south, but just this past weekend, the tea party nation website labeled him, i'm quoting, worthless and a liar. what did he say to deserve these words? he said he's willing to break the no tax pledge that he made when he first ran for office. and guess what? now he has company. fellow republican senators lindsey graham and bob corker say that under the right circumstances, they too are willing to break ranks. what is the republican world coming to? john avalon, straight to you, cnn contributor, writer for daily beast newsweek. i want to get your reaction to the news we heard from jay carney, we now know the president has spoken by phone over the weekend with boehner and mcconnell. might this be progress? >> yes, it might be progress. that's a good thing. you go
and if this fiscal cliff is allowed to happen on january 1, your taxes, my taxes, everybody's taxes go up. and on that point, let's continue. top of the hour, i'm brooke baldwin. i want to begin with the fiscal cliff. because other news here, you have republican senator saxby chambliss, a two-term conservative from the red state south, but just this past weekend, the tea party nation website labeled him, i'm quoting, worthless and a liar. what did he say to deserve these words? he said he's...
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Nov 27, 2012
11/12
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CNNW
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he did con socede that eventual the way to raise revenue will be for the wealthy to pay a higher tax rate. david coney is talking about addressing the entitlement issue but wants a corporate tax rate of zero. no doubt that would create huge outrage. he says that's the most effective way to create jobs in the u.s. and frees up so much money for companies to hire. many would probably agree that's important, too. you can see both sides of the story there, carol. one more extreme than the other, of course. >> of course. we'll see what happens. alison kosik at the new york stock exchange. >>> good news for the housing market as home prices rise across the country with the biggest quarterly jump in two years. christine romans is in new york with more. good morning, christine. >> good morning, carol. more evidence that the housing market is healing. we've seen report after report on this. the biggest quarterly gain in two years. s&p kay schicase-shiller report. national home prices up 3.6% in the third quarter. can i show you the cities with the biggest gains? as you know, all real estate i
he did con socede that eventual the way to raise revenue will be for the wealthy to pay a higher tax rate. david coney is talking about addressing the entitlement issue but wants a corporate tax rate of zero. no doubt that would create huge outrage. he says that's the most effective way to create jobs in the u.s. and frees up so much money for companies to hire. many would probably agree that's important, too. you can see both sides of the story there, carol. one more extreme than the other, of...
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i mean you're probably sick of hearing that term fiscal cliff, debt ceiling, tax increases. got a lot of us worried that we're at the mercy of a feckless congress behaving more like stubborn kids than responsible lawmakers. wait. we did promise you a dream off the top of the show. imagine for a moment what it would be like if none of this fiscal cliff nonsense mattered the least bit to you. no debts. no family budgets. and a half billion dollars worth of powerball dreams. that is the jackpot, folks. the powerball jackpot. it just so happens to take millions of us buying up tickets to fatten up that jackpot to that big old size. alison kosic is at a 7-eleven in new york basically meeting a few of the wanna-be one percenters. the truth of the matter, what are the odds? >> reporter: i know. i hate to throw cold water on your whole dream statement that you gave. yes this is all about dreams but you know the odds of winning are really low. 175 million to 1. those are your odds. you know what? i can't help but dream, too. i got a ticket here. one ticket, it could be the winning on
i mean you're probably sick of hearing that term fiscal cliff, debt ceiling, tax increases. got a lot of us worried that we're at the mercy of a feckless congress behaving more like stubborn kids than responsible lawmakers. wait. we did promise you a dream off the top of the show. imagine for a moment what it would be like if none of this fiscal cliff nonsense mattered the least bit to you. no debts. no family budgets. and a half billion dollars worth of powerball dreams. that is the jackpot,...
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tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans pushing back thinking that they don't think the upper income americans should see their taxes go up. what the president said to those who were here and those watching, put pressure on their lawmakers to support pushing out the bush era tax cuts for just middle class americans, not just through this effort but to text, to call, to send a fax, even twitter and the white house coming up with y2k referring to the amount of average middle class families would see their taxes go up by the white house says, $2200. so the p
tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans...
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Nov 29, 2012
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those bush era tax cuts should not extend for them. republicans believing that all americans should benefit from those tax cuts, and that now you should put en titlements on the table. of as we see, the officials from the white house going up to capitol hill today, treasury secretary timothy geithner, to try to hammer out some deals. still, both sides far apart. >> well, i want to talk about that a little bit. there was an article on politico.com this morning that said the two sides are farther along with a deal than we know. and that all of this stuff that you're hearing out in the public view is just posturing. what are you hearing, dan? >> reporter: well, you know, we certainly -- i think everyone hopes so, that they are closer to a teal. what you're hearing is some people are optimistic, including the president, saying he's optimistic this can get done, even before christmas. but then you have others stepping up saying both sides are far apart, and very pessimistic this can get done. as i stated, there's still some very strong view
those bush era tax cuts should not extend for them. republicans believing that all americans should benefit from those tax cuts, and that now you should put en titlements on the table. of as we see, the officials from the white house going up to capitol hill today, treasury secretary timothy geithner, to try to hammer out some deals. still, both sides far apart. >> well, i want to talk about that a little bit. there was an article on politico.com this morning that said the two sides are...
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your tax refund ask at risk. >>> vanished. two florida men last seen with the same sheriff's deputy. >> do you have any hope your son is still alive? >> i don't believe terrance is alive. at this point, i have to find out what happened to him. >> the mystery surrounding two missing men. revealing investigations. fascinating characters. stories with impact. this is "cnn presents" with your host tonight, randi kaye and drew griffin. >> tonight, bizarre crimes of baffling stories of whodunit and a scam targeting your paycheck and mysterious case of two men in florida who simply vanished. >> we begin on a blistering summer day in erie, pennsylvania. by the time the sun had set, one of the most bizarre bank robberies in the annals of the fbi had been committed. a man described by his family as the salt of the earth was dead, and a mystery full of strange twists was about to unfold with this phone call to 911. >> 911. what's your emergency? >> yes. we've just been robbed. >> is anyone hurt? >> no. he just walked out the door. >> aug
your tax refund ask at risk. >>> vanished. two florida men last seen with the same sheriff's deputy. >> do you have any hope your son is still alive? >> i don't believe terrance is alive. at this point, i have to find out what happened to him. >> the mystery surrounding two missing men. revealing investigations. fascinating characters. stories with impact. this is "cnn presents" with your host tonight, randi kaye and drew griffin. >> tonight, bizarre...
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having the conversation this morning about people spending money pore black friday and maybe their taxes will go up at the same time is this fiscal cliff threat playing any role in what we're seeing as it relates to holiday shopping? >> it is and it isn't. 64% of the people that were polled by the national retail federation said they were going to be affected by the political uncertainty and how they would be shopping this year, but last year people spend about $740 during the holiday season. that's expected to go up by-10 year to 750 so even though they are saying they are concerned about the fiscal cliff, definitely worried about their finances, the taxes, the economic climate, people do seem to have holiday fever, and they are out there shopping. when you think about what are they shopping for this year? it's a lot of big-ticket items. they are calling it the year of the toy which typical. you've got barbies and legos and furbies, and guess what else is also at the top of the list, apple products, iphones, ipads, mini ipads. those are very expensive items, and they are not being disco
having the conversation this morning about people spending money pore black friday and maybe their taxes will go up at the same time is this fiscal cliff threat playing any role in what we're seeing as it relates to holiday shopping? >> it is and it isn't. 64% of the people that were polled by the national retail federation said they were going to be affected by the political uncertainty and how they would be shopping this year, but last year people spend about $740 during the holiday...
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no sales tax. local bookstores already under pressure by the rapid rise of ebooks and large bookstore chains felt particularly squeezed. michael tucker owns a chain of bookstores in san francisco. >> if you can save 10%, why wouldn't you? >> reporter: but amazon's tax advantage recently disappeared in california, adding 7% to nearly 10% to the cost of each order. it also began taxing in other states like pennsylvania and texas. online retailers collect tax only for states where they have a physical presence. now here in california, amazon is building two giant warehouses. including this one near los angeles. it's a million square feet, and for old fashioned retailers, it's another reason to worry. why? because amazon's goal is to get items to customers faster and to be able to offer same day delivery. that's right. you can avoid stores if you want and have a package delivered to your house in a matter of hours. a win for consumers, but tough for local retailers. >> if amazon creates distribution ce
no sales tax. local bookstores already under pressure by the rapid rise of ebooks and large bookstore chains felt particularly squeezed. michael tucker owns a chain of bookstores in san francisco. >> if you can save 10%, why wouldn't you? >> reporter: but amazon's tax advantage recently disappeared in california, adding 7% to nearly 10% to the cost of each order. it also began taxing in other states like pennsylvania and texas. online retailers collect tax only for states where they...
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the payroll tax trauma in february of this year. they handled that very well in the republicans in december of 2010 were full of fire by february 2011. $140 billion of stimulus was a very good sign of the president learned that it's not about a persuasive argument that will bring. they are not going to budge. it's about using the power of the president be. the question is, how to build a new set of skills and tools. in the next couple of months is a big time for him. >> david, both in your book and a recent op-ed piece from the u.s. the question, what really drives them? is that approximately right? i mean, that seems to be the theme of the book. what is driving this guy? it is still a bit of an open question. what do you think you are seeing now is his driving motivations quick >> well, i put about this last week in terms of the second term in the drive now is greatness and i think he has the opportunity for you. that doesn't mean he'll reach it. even as the second term creates unexpected problems and a lame duck atmosphere that ca
the payroll tax trauma in february of this year. they handled that very well in the republicans in december of 2010 were full of fire by february 2011. $140 billion of stimulus was a very good sign of the president learned that it's not about a persuasive argument that will bring. they are not going to budge. it's about using the power of the president be. the question is, how to build a new set of skills and tools. in the next couple of months is a big time for him. >> david, both in...
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Nov 25, 2012
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people running aught of france because of the tax policies that are -- buying real estate in england excuse, i thought i was talking, i am sorry. and i think, i think that you can't confuse the twompt john is right. put housing policy in one thing and there is it a difference between residency and citizenship. and to buy a house and be a resident is a different thing than citizenship those rules are different in every nation. >> we'll take a break. we want to thank imogen. >> thank you for having me. >> one stock that keeps on climbing even if we fall off the fiscal cliff >> it is it time for what i need tonow for next week. . >> we talk about al gore and the carbon tax no one is buying into it not evenlet cia. we'll see if it is taxpayer money . >> they have other issues on their books wayne rockerings. >> you are looking for a steady stock. check out protective lights. i own it. >> like it and john what you got. >> grouchy marx. the death of apple is overexagerated. they have a great holiday season. >> they have sold a lot of stuff. >> john than what do you have this week. >> the u
people running aught of france because of the tax policies that are -- buying real estate in england excuse, i thought i was talking, i am sorry. and i think, i think that you can't confuse the twompt john is right. put housing policy in one thing and there is it a difference between residency and citizenship. and to buy a house and be a resident is a different thing than citizenship those rules are different in every nation. >> we'll take a break. we want to thank imogen. >> thank...
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toys "r" us.com, we collect sales tax. so do all of them at this company. what the loophole has been is the only companies that have not been collecting sales tax, it looks like it's imminent. >> will that be good, that level of the playing field? >> everyone admits, includi companies that there should be a level playing field. it's so interesting because i did talk about the good old days. i don't know that the internet has lived up to the hype, but only now when i look at these earnings reports that the traction that we see, certainly i don't know that it will put brick-and-mortar businesses out. you think that will happen now? is that the inevitable part of retailing? >> i don't view it as one or the other. the model of the future for retail is the only channel model. the superior channel is where you have internet as well. customers want to relate to the brand. at toys "r" us, there are 81 different ways you can do business with us. you can wear on your cell phone. you can go pick it up in the store. you can fight your home. you can go in the store and
toys "r" us.com, we collect sales tax. so do all of them at this company. what the loophole has been is the only companies that have not been collecting sales tax, it looks like it's imminent. >> will that be good, that level of the playing field? >> everyone admits, includi companies that there should be a level playing field. it's so interesting because i did talk about the good old days. i don't know that the internet has lived up to the hype, but only now when i look...
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they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not alone in an environment like this, how are you going to compel businesses, fast food joints and the rest, but it's in there interest to raise the rates when they are barely getting by as it is just as henry ford did back before world war i to $5. he said he wanted people to buy the cards. that's what you got to do. neil: so what about substance of the country where they have jobs with $10 an hour. were people really aren't jumping on these jobs. where we have a country where help wanted advertising is at an all-time high. a lot of people, for whatever reason, it are having troubl
they don't like the tax penalty for it. would you give them a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not...
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neil: it would be a tax, a climate tax, really? >> no,. neilwhat do you doll th call mog crazed. >> we have promised to give to global climate fund. neil: if you are paying that money, that is more money than you pay now, so, -- -- what it is a dessert. >> part of our shared responsibility? we have a responsibility. neil: you dot call that a tax? >> it's not a tax. >> what it is. >> a shared responsibility. neil: if you force me to giv you money, i don't have to call it a tax, but it sure as hell will feel like a tax. >> you are giving me the money, i'm not forcing you to give me the money, it is in our shared interest to give me that. neil: you tell that to the wealthy countries, you think they will go along, and say she is absolutely right. >> if they were smart, they would. >> what do you say 10 years from now, are still a young woman i will belong retired, but, 10 years, and it has not done squat. you say oh, my god, it is all wrong. >> it won't, because investment will be worth a -- it will payoff. without these countries, adapting it
neil: it would be a tax, a climate tax, really? >> no,. neilwhat do you doll th call mog crazed. >> we have promised to give to global climate fund. neil: if you are paying that money, that is more money than you pay now, so, -- -- what it is a dessert. >> part of our shared responsibility? we have a responsibility. neil: you dot call that a tax? >> it's not a tax. >> what it is. >> a shared responsibility. neil: if you force me to giv you money, i don't have...
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man are they very create on the tax front. now tax of a higr gas tax to fund construction projects. to slash all deducts and exemptions not just for the rich even adjust mortgage formula for example, likely veros in those taxpayers below $250,00 $250,000 threshold, more like a hundred grand crowd now. a health care surtax on the rich to cover a program whose costs are already spiralling. but not much cost on underlying abuses, you see a pattern here. i do not care whether you are on the left or right, the way we're going about this is not fair. no creative solutions to cut spending, a lot of ideas to raise revenues. taking a shine to spending our money, but never saving us money. we'll debate this. with wealth manager. if you want to look serious you need to put big spending cuts on the table. and we have, i just call him my toke an liberal friend. rick yo unger. you are not buying this. >> i see some, but the problem, you have to be careful not to create a new disaster by trying to solve another one, in 1980, 83% of americans had a defined pension benefit plan at work today that is
man are they very create on the tax front. now tax of a higr gas tax to fund construction projects. to slash all deducts and exemptions not just for the rich even adjust mortgage formula for example, likely veros in those taxpayers below $250,00 $250,000 threshold, more like a hundred grand crowd now. a health care surtax on the rich to cover a program whose costs are already spiralling. but not much cost on underlying abuses, you see a pattern here. i do not care whether you are on the left or...
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Nov 25, 2012
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in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> a this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the fiscal cliff, cou have a short-term impact, but timately the trend of higr taxes that charlie's point, is what businesses are really afraid of? >> i totally disagree with that and i think the surveys of businesses have shown that to be wrong and i talked to-- >> whoa, whoa, what survey. >> can i finish the point, charlie. >> you just said survey. >> we'll come back. >> i think that businesses are concerned mostly about whether consumers are going to spend or the not. that's the concern and i think as for the fiscal cliff, no, i don't think that's what it is and as for the fiscal cliff, anybody paying close attention,
in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> a this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the...
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very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part of the solution, not the total solution, to reducing entitlement spending. >> if you were this the white house today with with the president as many of the nation's leading ceos are, what would be first that you would tell president obama today needs to be dealt with to get through the fiscal cliff? >> wehat we need is a solution that's going to call for sacrifice on the part of all americans. so we're going to have to raise revenue, yes. we're going to have to reduce spending. his own rhetoric, about a three to one, which is in line with the
very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part...
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any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up next, we'll tell you about half-a-dozen apps that could put some extra bucks in your wallet this holiday and beyond. >> i'm doing apps now. oh, dear. >>> later, how about doing holiday shopping at a mom and pop store tomorrow. we'll talk about the american express executive behind this saturday's small business movement in a few minutes. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for le
any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up...
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those looming tax hikes and spending cuts will continue to weigh on the markets until congress and the white house reach a final agreement. you know, earlier this week, brooke, there was a big rally in the stock market, there was opt milk that all of the signs were there the fiscal cliff was going to get fixed. don't mess it up. >> well, as we've been talking so much fiscal cliff, and we know the president has been on this swing in southeast asia, he dispatched the secretary of state hillary clinton to the middle east to help broker peace, hopefully, that may now be slowed because of this potential huge complication, this bus blast. here are pictures, glass windows shattered. in the middle of the city. ten injured. we're getting new information here out of tel aviv, as tensions really rising in the middle east. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. in that t
those looming tax hikes and spending cuts will continue to weigh on the markets until congress and the white house reach a final agreement. you know, earlier this week, brooke, there was a big rally in the stock market, there was opt milk that all of the signs were there the fiscal cliff was going to get fixed. don't mess it up. >> well, as we've been talking so much fiscal cliff, and we know the president has been on this swing in southeast asia, he dispatched the secretary of state...
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that's how you can raise tax revenue without raising tax rates. although technically that goes against grover norquist's pledge. >> well, we've already put a plan out in the budget committee. as you said, i am a part of that budget committee. and we put out the fundamentals of that, where we would have a plan where we would have pro-growth tax reform, and that means something fairer, flatter and simpler, and a portion of that is to look at the deductions that right now really do benefit those in the upper income, and that we're willing to look at those, and to make sure that what we do does bring in more revenue by robust economy. >> and it wouldn't be a violation of a sort of a marriage vow to grover norquist. he has said that violating his pledge is somehow akin to, you know, violating your marriage vows. you don't -- your deal is with your constituents, not with grover norquist? >> that's right. that's exactly right. >> i want to talk a little bit about the debt ceiling because this is coming into play here. grover norquist, again, has written
that's how you can raise tax revenue without raising tax rates. although technically that goes against grover norquist's pledge. >> well, we've already put a plan out in the budget committee. as you said, i am a part of that budget committee. and we put out the fundamentals of that, where we would have a plan where we would have pro-growth tax reform, and that means something fairer, flatter and simpler, and a portion of that is to look at the deductions that right now really do benefit...
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Nov 21, 2012
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they say lower taxes, smaller government. okay, but inside of that, you still have to talk to people and i've made this point and republicans get mad at me when i say they're scared of black folks, scared to talk to them. you look at the republican debate, when the question was asked what would you do to attract latinos to the party and they all talked about building a wall. they have to actually sit down, communicate with people and say what are you concerned about. what are your concerns, what are your issues, and not just a top down philosophy. if so, they will keep losing. >> so here's what they're trying to do. 2016's already started for all intents and purposes, from the republican side. so here's republicans trying to do a little bit of what you and roland are talking about. here's three of the people who are probably be running. >> we need to stop being the dumb party. we need to offer smart, conservative, intelligent ideas and policies. that's how we win elections. >> this is not about the republican party for those
they say lower taxes, smaller government. okay, but inside of that, you still have to talk to people and i've made this point and republicans get mad at me when i say they're scared of black folks, scared to talk to them. you look at the republican debate, when the question was asked what would you do to attract latinos to the party and they all talked about building a wall. they have to actually sit down, communicate with people and say what are you concerned about. what are your concerns,...
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a big republican turns his back on the grover norquist tax pledge. is the gop preparing to give in to the president? is and thousands of people packing into stores today. watch your wallet. we'll tell you how the shopping season is really adding up. let's go "outfront." >>> good evening. i'm tom foreman. egypt erupts. thousands of angry egyptians have been protesting in opposition to a controversial power grabby egypt's president. at least 80 people have been injured and one killed in clashes with police who fired tear gas into the crowds. the unrest began after he issued a series of orders which allow him to run the country unchecked until a new constitution is written. morsi says his actions are meant to speed up reform and achieve political and social stability. >> translator: i have said beforened i repeat again, that i would never use a legislation against individuals, parties, men, women or muslims or christians for personal gains and to settle scores. >> now, this is all very problematic for the white house. just two days ago, president obama
a big republican turns his back on the grover norquist tax pledge. is the gop preparing to give in to the president? is and thousands of people packing into stores today. watch your wallet. we'll tell you how the shopping season is really adding up. let's go "outfront." >>> good evening. i'm tom foreman. egypt erupts. thousands of angry egyptians have been protesting in opposition to a controversial power grabby egypt's president. at least 80 people have been injured and one...
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the democrats have said we're not until you raise taxes. both sides are going to have to make a deal in the spring and it's going to involve everybody. >> let me ask you this, douglas. norquist said a number of times in defense of his position, look, what's wrong with saying to a politician, when you want my vote and you make a promise, you should keep that promise. what's wrong with saying that to either side about any topic? >> so, i think that there's nothing wrong with that. this is about making political commitments, something politicians have to and should do. my own preference is not written pledges, but in fact, people who say this is what i believe and follow through on it. i think one thing it did do is focus its attention, which is still under discuss. we have an enormous spending problem, it's about entitlement problem. what the president was forced some recognition that the threshold decision is to spend the money. >> ethan, your reaction to this whole idea that norquist keeps saying, it's about taxes for him, but also about po
the democrats have said we're not until you raise taxes. both sides are going to have to make a deal in the spring and it's going to involve everybody. >> let me ask you this, douglas. norquist said a number of times in defense of his position, look, what's wrong with saying to a politician, when you want my vote and you make a promise, you should keep that promise. what's wrong with saying that to either side about any topic? >> so, i think that there's nothing wrong with that....
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Nov 26, 2012
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we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really knows. we will have a million of these ideas between now and the christmas eve or new year's eve. david: will tim geithner lead the negotiations? >> tim geithner is in charge, but at the very top level. david: thank you very much. good to see you. back to you. liz: next we take you into the future find out the news moving the market tomorrow. plus, 12 drummers drumming, what will that run you? you don't want to know. wait until you hear how much all 12 da
we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody...